Year: 2021

benefits of Trade

The benefits of trade By CBSI Media Article No. : 23/2020 The Solomon Islands economy would be best described as an “open economy” because we are free to trade with other countries. But what are the benefits to the country for...

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What you need to know about the SBD

What you need to know about the “SBD” By CBSI Media  Article No. : 22/2020 It has been a common misconception that our currency code SBD stands for Solomon British Dollar, or Solomon Bokolo Dollar. The initial SBD is...

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How to protect yourself from lottery scam

How to protect yourself from lottery scam By CBSI media Article No. : 21/2020 Lottery scams follow a definite pattern. In almost every case, you’ll be contacted with the news that you’ve won a lottery prize. What happens next,...

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The dangers of investing in pyramid Scheme

The Dangers of Investing in a Pyramid Scheme. By CBSI Media  Article No. : 20/2020 Solomon Islands is a major target for scammers and fraudsters who are actively spreading their networks through out the Pacific Region. Although...

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Key Statistics

Inflation
(November, 2022) 9.6%
GDP (2020)
Actual (source: SINSO)
Constant 2012 prices
Real GDP
SBD$ 10,373.1m
Nominal GDP
SBD$ 12,617.0m
Real GDP Growth-3.4%
Foreign Reserves
(January 18, 2023)SBD $5,467m
Interest Rates
(March, 2022)
Deposit Rate0.48%
Lending Rate10.05%
Money Supply
(January 18, 2023)SBD $5,748m

Exchange Rates

Per
SBD
Today
01/02/2023
Last Week
25/01/2023
USD0.12130.1210
GBP0.09850.0982
EUR0.11180.1113
AUD0.17240.1719
NZD0.18790.1862
JPY15.780215.7618
SDR0.08990.0897
CNY
0.81950.8200
Index111.40111.40

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